Kroll Bond Rating Agency Assigns the Short Term Rating of K1+ to
MTA’s Transportation Revenue Bond Anticipation Notes, Series 2017B

June 15, 2017 02:17 PM Eastern Daylight Time

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency has assigned a short-term rating of K1+ to the
Metropolitan Transportation Authority’s (MTA) Transportation Revenue
Bond Anticipation Notes, Series 2017B in an approximate amount of $700
million. The Notes will be sold during the week of June 19, 2017.

KBRA also affirms the short-term rating of K1+ on the outstanding MTA
Transportation Revenue Bond Anticipation Notes: Series 2017A-1; Series
2017A-2; Series 2015B-2e (Taxable); and Series 2015B-2f (Taxable).

KBRA is registered with the U.S. Securities and Exchange Commission as a
Nationally Recognized Statistical Rating Organization (NRSRO). In
addition, KBRA is recognized by the National Association of Insurance
Commissioners (NAIC) as a Credit Rating Provider (CRP).